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Research Joint Ventures Cartelization with Asymmetric R&D Spillovers

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Author Info
Gamal Atallah () (University of Ottawa and CIRANO)

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Abstract

The paper analyzes the profitability of R&D cooperation under asymmetric spillovers. It is shown that a firm prefers R&D competition to RJV cartelization when its own spillover rate is low and the spillover rate of its competitor is high. While it prefers R&D cartelization to RJV cartelization when the spillover rate of its competitor is sufficiently high. The equilibrium configuration is RJV cartelization for low spillover asymmetries, R&D competition for intermediate asymmetries, and R&D cartelization for high asymmetries.

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File URL: http://economicsbulletin.vanderbilt.edu/2005/volume12/EB-05L10022A.pdf
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Publisher Info
Article provided by Economics Bulletin in its journal Economics Bulletin.

Volume (Year): 12 (2005)
Issue (Month): 18 ()
Pages: 1-11
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:ebl:ecbull:v:12:y:2005:i:18:p:1-11

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Postal: Economics Bulletin, Department of Economics, 414 Calhoun Hall, Vanderbilt University, Nashville TN 37235, USA
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Related research
Keywords: Asymmetric Spillovers; R&D cooperation; Research Joint Ventures;

Find related papers by JEL classification:
L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
O3 - Economic Development, Technological Change, and Growth - - Technological Change

References listed on IDEAS
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  1. Gamal Atallah, 2005. "R&D cooperation with asymmetric spillovers," Canadian Journal of Economics, Canadian Economics Association, vol. 38(3), pages 919-936, August. [Downloadable!] (restricted)
  2. Cohen, Wesley M & Levinthal, Daniel A, 1989. "Innovation and Learning: The Two Faces of R&D," Economic Journal, Royal Economic Society, vol. 99(397), pages 569-96, September. [Downloadable!] (restricted)
  3. Rabah Amir & John Wooders, 1999. "Effects of One-Way Spillovers on Market Shares, Industry Price, Welfare, and R & D Cooperation," Journal of Economics & Management Strategy, Blackwell Publishing, vol. 8(2), pages 223-249, 06. [Downloadable!] (restricted)
    Other versions:
  4. Raymond De Bondt & Irene Henriques, 1995. "Strategic Investment with Asymmetric Spillovers," Canadian Journal of Economics, Canadian Economics Association, vol. 28(3), pages 656-74, August. [Downloadable!] (restricted)
  5. Gamal Atallah, 2005. "Partner Selection in R&D Cooperation," CIRANO Working Papers 2005s-24, CIRANO. [Downloadable!]
  6. Amir, Rabah & Wooders, John, 2000. "One-Way Spillovers, Endogenous Innovator/Imitator Roles, and Research Joint Ventures," Games and Economic Behavior, Elsevier, vol. 31(1), pages 1-25, April. [Downloadable!] (restricted)
    Other versions:
  7. Ron Jarmin, 1993. "Asymmetric Learning Spillovers," Working Papers 93-7, Center for Economic Studies, U.S. Census Bureau. [Downloadable!]
  8. Petit, Maria Luisa & Tolwinski, Boleslaw, 1999. "R&D cooperation or competition?," European Economic Review, Elsevier, vol. 43(1), pages 185-208, January. [Downloadable!] (restricted)
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